Solarcity Corp

Musk is in the midst of a crucially important attempt to mass manufacture vehicles, a feat that’s proven incredibly difficult even for a guy famous for flying rockets to space and landing them back on Earth.

Musk, whose financial goals often fall short and whose new models arrive late, said that Tesla is on track to release the much-awaited Model 3 sedan in late 2017 and to produce 500,000 cars in 2018. The company is even investing more efficiently to conserve cash.

As per the suit filed, Royal Enfield has infringed Flash electronics’ patent on “Regulator Rectifier Device and Method for Regulating an Output Voltage of the Same” duly issued by the United States Patent & Trademark Office (USPTO) to Flash Electronics on February 20, 2018 after Flash’s R&D department made a breakthrough invention of the component in 2014.